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NAPERVILLE, IL-Wanxiang America Real Estate Group LLC, a Chinesecapital backed realty investment company, has acquired an empty330,000-square-foot tower at 1200 Warrenville Rd. in Naperville for$9 million.

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The firm plans to renovate the four-story tower completely byinvesting $47 million, which includes the cost of acquisition. Thisdeal is the third massive deal in the west suburban office marketin less than three months, which indicates an improvement in theinvestor buying activity. For the full story, go toCrain's Chicago Business.


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